Eagle NXT to Supply Drones to Europe

AgEagle Aerial Systems Inc. (dba, EagleNXT) (NYSE: UAVS) saw its shares jump Tuesday. The Wichita, Kansas company, a leading provider of advanced drone and aerial imaging solutions, announced the sale of two eBee VISION unmanned aerial systems to the NATO-led Kosovo Force.

The eBee VISION is a lightweight, fixed-wing Unmanned Aircraft System (UAS) employed by allied forces around the globe, delivering real-time situational awareness and actionable intelligence even in challenging environments.

“With up to 90 minutes of flight endurance,” according to this morning’s news release, “a 12-mile wireless range, AES-256 encryption, and rapid three-minute deployment, the platform is optimized for Intelligence, Surveillance, and Reconnaissance (ISR) missions.”

EagleNXT’s eBee VISION is Blue UAS Cleared by the U.S. Department of Defense and fully compliant with the National Defense Authorization Act (NDAA), making it readily available for expedited procurement by U.S. forces and allied partners in multinational operations

“Equipping NATO’s longstanding peace-support operation in Kosovo with our proven eBee VISION systems helps allied forces operate more efficiently, effectively, and safely, and we’re honored to support their ongoing operations,” said CEO Bill Irby.

“Being part of the Blue UAS certified list allows for rapid acquisition by both U.S. forces and our allies, and quickly delivering this advanced capability to the warfighter is making the world a safer, more secure place.”

UAVS shares zoomed 26 cents, or 14.5%, to $1.84.

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